Tokyo Gas said on Wednesday it had made its first foray into a commercially operational terminal for liquefied natural gas outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.Financial terms of the deal for the stake in FGEN LNG…
Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin, offshore Namibia, encountering a hydrocarbon-bearing reservoir.The Sagittarius 1-X well was spud on December 18, 2024 using Noble’s drillship Noble Venturer…
Abu Dhabi National Oil Company (ADNOC) will supply 2.5 million tons of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new five-year deal, sources with knowledge of the matter said on Monday.Indian's state refiner will receive…
Offshore drilling contractor Noble Corporation has outlined plans to divest the cold stacked drillships Pacific Meltem and Pacific Scirocco, permanently retiring the units from drilling operations.Noble Corporation said the decision was made…
Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a 'significantly changed' business environment, showing that the country is not immune to rising costs across offshore wind projects globally…
The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses driven by tight supply chains and inflation.After a number of consultations…
Ocean Thermal Energy Corporation (OTE Corp) has partnered with Johnson Controls to demonstrate the feasibility of deploying a 17.5 MW Ocean Thermal Energy Conversion (OTEC) system at the remote military base.The contract is part of Johnson Controls…
TotalEnergies will start drilling an exploration well on Suriname's Block 64, the company's country manager Artur Nunes da Silva said on Wednesday, adding final costs and further well operations were still being organized.Suriname is working to build its offshore oil and gas industry…
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp ONGC on Thursday.ONGC named…
India's top explorer Oil and Natural Gas Corp ONGC on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.BP has promised an…
Sable Offshore Corp. provided an update on the previously disclosed Center for Biological Diversity et al. v. Debra Haaland et al. lawsuit. On December 20, 2024, the U.S. Department of Justice (in its capacity as counsel for the U.S. Bureau of Safety and Environmental Enforcement…
With the British government's announced plan to increase the windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, a move to fund renewable energy projects, U.S. President-elect Donald Trump took to…